Don't forget spectrum purchased an old mine with gold and proved up more. There is no evidence gold exists on sabres lease. First geophysic mapping needs to be done, if that shows anything, then a drill. Sabre at present does not have enough cash to drill. They raised cap last year, it should have been enough for 12 months.
From that cap raise, they paid half of a debt, not disclosed pre that raising, which left 500k. Out of that 250k per qtr on admin expenses. Very high costs for not much going on. If anything happens hear it will be a cr and more dilution. I hold, but my holdings are in the write off section of my books already. It's a pure spec and can't be compared to spectrum. Ie there will not be a to as sabre has nothing worth buying.
SBR Price at posting:
0.2¢ Sentiment: Hold Disclosure: Held
